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Latest Pat Toomey Items
Sen. Mike Lee, one of the first-term budget hawks who rode a wave of tea party support into Washington last fall, on Wednesday dismissed Democrats' budget proposals as "insulting."
Senate Democrats put pork ahead of Social Security last week when they lined up unanimously to kill legislation that would have guaranteed that seniors would receive Social Security payments in full and on time in the event the debt ceiling is not raised and the government is precluded from borrowing more money. In a 52-47 party-line vote, Democrats tabled an amendment (S.A. 113) to the Patent Reform Act(S. 23) that would have required the government to "prioritize all obligations on the debt held by the public in the event that the debt limit is reached, providing also that the government give equal priority to payment of Social Security benefits."
The Treasury Department estimates that at the current rate of government spending, America's debt will crash through the $14.3 trillion ceiling in April or May. And the debate over whether or not to raise the debt ceiling has delivered some trash talk that would make today's sports stars proud.
Wildly inaccurate statements from news commentators, financial analysts, politicians and even administration officials have most people believing that if Congress does not increase the debt limit in March, the U.S. government will default on its debt obligations, thus ending the government's ability to borrow. Nonsense.
Chicago mayoral candidate Rahm Emanuel is getting a high-profile boost from one of his old bosses, former President Bill Clinton.
As Arlen Specter leaves the Senate after 30 years, the onetime corruption-busting Philadelphia prosecutor and architect of the "single-bullet theory" of the John F. Kennedy assassination says he wouldn't change a thing about his zig-zag-zig political path.
The Senate yesterday shot down an attempt to ban congressional earmarks by a 56-39 vote. At first this would appear to be a significant setback to the fiscal-responsibility movement building over the past year through Tea Party activism. A closer look offers hope that the message sent by voters in the midterm congressional elections may actually be sinking in. The prospects for a bit of change - real change, this time - are looking better than ever.
Republicans held all of their Senate seats left open by retirements and picked off several seats held by Democrats to capture at least six seats in the midterm election, giving them a louder voice in the legislative chamber most likely to shape President Obama's agenda for the next two years.
The world's most exclusive country club, the U.S. Senate, is in for a shock come January. Five Republicans handed their membership cards Tuesday have promised to shake up the chamber famous for its accommodation - otherwise known as caving to liberal ideas. Because individual senators have a greater ability to shape national policy than individual members of the House of Representatives, sending a handful of fiscal conservatives to the upper chamber will make it difficult for President Obama and congressional Democrats to get away with spending as usual.